Question

State the timing differences in BRS with examples.​

Answer 1

Question:-

State the timing differences in BRS with examples.

Answer:-

(a) cheques issued but not yet presented for payment.

(b) cheques deposited into bank but not yet credited.

(c) bank charges and interest on loan and overdraft.

(d) interest and dividends collected by the bank.

(e) dishonour of cheques and bills.

(f) amount paid by parties directly into the bank.

(g) payment made directly by the bank to others.

(h) bills collected by the bank on behalf of its customer.

Hope you have satisfied. ⚘

Answer 2

Answer:

$\huge{\underline{\underline{\tt{ \pink{A} \orange{n} \red{s} \green{w}\purple{e} \pink{r} \blue{:} }}}}$

The timing differences in BRS are:-

• Cheques deposited into bank but not yet credited.
• Cheques issued but not yet presented for payment.
• Bills collected by the bank on behalf of its customer
• Bank charges and interest on loan and overdraft.
• Dishonour of cheques and bills.
• Payment made directly by the bank to others .
• Amount paid by parties directly into the bank.
• Interest and dividends collected by the bank.

Explanation:

Hope it helps you!